OCEAN BANK LENDS $4.5 MILLION FOR SHOPPING PLAZA RENOVATION
Ocean Bank Lends $4.5 Million For Shopping Plaza Renovation
Ocean Bank announced it has loaned $4.5 million to Westchester Point Plaza LLC and principals Vanessa and Jacqueline Goenaga for renovation of the facility.
Westchester Point Plaza, located at 8300 SW 8th Street, Miami, has 65,219 square feet of retail space on a 3-acre parcel.
Tenants include several medical and dental, offices, a restaurant, a jeweler, a spa, a pet grooming center and a banquet hall. The center features surface and rooftop parking.
“Westchester Point Plaza has tremendous visibility along a highly trafficked stretch of SW 8th Street,” said Alvaro Luis, Senior Vice President and Corporate Relationship Manager.
“We were very happy to be able to provide the necessary capital in order to beautify this community asset.”
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